The Treasury will implement changes in Bizum from January 1, 2026. It will do so to strengthen control of payment systems and prevent tax fraud.
This is why financial entities will have to send each month to the Treasury all … operations carried out by companies and professionals. The changes are simple: the 3.00 euro barrier is removed and entities must report all operations, as well as account information and collection systems by card or mobile phone. will change from annual to monthly.
Treasury reports how Bizum changes will affect individuals
This change, however, has sparked many fears from individuals as to whether banks will now have to declare each of their transactions.
After confusing information, the Tax Agency and the Ministry of Finance have prepared a clarification note to reassure citizens. They thus recall that “only the sums received by businessmen and professionals established in Spain must be declared”. This way They insist on the fact that “collections between individuals are excluded”.
To individuals They are not affected by this modification approved in April 2025 and which comes into force with the new year.: “Individuals are not affected by this information obligation of banks. They will communicate the accumulated monthly information to the Tax Agency. of any businessman or professionalinformation will not be sent transaction by transaction.
SO, a payment between family or friends such as a dinner or a gift will still not be informed. Much of the confusion has arisen over why this might be considered a “disguised gift.”
In this sense, the control of individual operations will continue to be the same as usual in recent years, with each community deciding whether certain operations are part of normal payments or are secret activities. As ABC economics journalist José María Camarero explains: “Payments between individuals can continue to be sent as much as you want without limits”. “If the Treasury – and not the bank – discovers that they are hiding economic activity or that it is too frequent, they will then be able to trigger their own alerts,” warns the journalist.
The information they will provide to businessmen and professionals
However, the information that the banks will provide monthly will be the complete identification of the businessmen or professionals adhered to the recovery management system through Bizum or equivalent systems, the business number with which they operate, the sales terminals, the monthly amount billed with Bizum and the identification of the bank or payment accounts through which collections are made by the businessmen and professionals.
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